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Daily Tax Report: International

VAT Issue Looms in Talks for New Coalition Government In Italy

Aug. 21, 2019, 8:59 PM

A VAT hike set to take effect in Italy at the end of the year has become a key issue in talks over forming a new coalition government.

Italy’s leftist Partito Democratico says it will form a new government with the Five Star Movement only if Five Star signs an agreement to block the value-added tax increase as one of five non-negotiable points.

If the conditions are agreed to, “we are ready to assume responsibility for creating a new government that will represent a new direction for the Legislature,” the party said Aug. 21 in a mandate delivered to...

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